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the big story we are following is the apple. the apple mini says sales fell nearly 30%. we will find out what the retailers are saying. we will tell you what we found out after the break. >> apple lost microsoft gain? able and a bear. you not believe what they agree on. ♪ we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, onehing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all ofhese years. ♪ >> your fox business market jack looked at your shares trading below $400 today with a new intra-day low the lowest level since december december 2011 a couple of issues weighing on the stock apple mini are expected to drop because of a lack of demand. not exactly flying off the shelves three retailers even though i a small sample size but we were told they were fully stocked
the big story we are following is the apple. the apple mini says sales fell nearly 30%. we will find out what the retailers are saying. we will tell you what we found out after the break. >> apple lost microsoft gain? able and a bear. you not believe what they agree on. ♪ we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and...
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Apr 17, 2013
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it is somewhat reminiscent to what happened to apple. in the paper market, you have a dramatic selloff. in the physical market, the demand is very, very strong. connell: let's follow up on that. let's talk about apple. the big game for the dollar versus the euro. is that part of the case you make for gold? >> i think part of the reason is for safety. in times like this, i think now is a fantastic entry point. it is certainly better than two weeks ago. it is uncorrelated. that last forever. hopefully it will bring the price back up. connell: she is trying to hold back. dagen: it does not have the magical properties. i do want to ask you about storage capacity. are we maxed out in terms of the ability to store gold? >> we are not maxed out. individual investors, i think they are hitting struggles. you are saying that on a retail level. on an institution level, you are not saying that at all. connell: come back and hang out with us. i hope you like those. we like him as a guest. dagen: connell is very needed. [ laughter ] connell: the reope
it is somewhat reminiscent to what happened to apple. in the paper market, you have a dramatic selloff. in the physical market, the demand is very, very strong. connell: let's follow up on that. let's talk about apple. the big game for the dollar versus the euro. is that part of the case you make for gold? >> i think part of the reason is for safety. in times like this, i think now is a fantastic entry point. it is certainly better than two weeks ago. it is uncorrelated. that last...
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Apr 17, 2013
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they have apple in them. that's probably why they are outperforming on the downside even more than the dow. the nasdaq now below its 50-day moving average. we're also going to be talking a lot about gold and copper to see what they are telling us when it comes to the world economy and what clues they can provide to the sell-off we're seeing today. the renewed sell-off after yesterday's rebound. here's what we're following -- golden student. it's the widowmaker of the year, but the sell-off in gold, and miners, that we'll be talking about. is it overdone? jenna godfrey will join us. bank on morgan stanley. bankers aric thatting a beating after bank of america's weak report. will morgan stanley post better results? two of our traders debate. >>> first, the top story. the sell-off returns. energy, technology, financials, industrials leading the declines. consumer staples doing poorly as well, and theoretically they should be a defensive sector. what is the way to navigate the massive moves this week? good thing
they have apple in them. that's probably why they are outperforming on the downside even more than the dow. the nasdaq now below its 50-day moving average. we're also going to be talking a lot about gold and copper to see what they are telling us when it comes to the world economy and what clues they can provide to the sell-off we're seeing today. the renewed sell-off after yesterday's rebound. here's what we're following -- golden student. it's the widowmaker of the year, but the sell-off in...
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Apr 17, 2013
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apple stockholders. there are two groups of apple stockholders. those that bought above $400, which it closed at at that. and those that bought below. if i bought apple at above $400, should i sell now and cut my losses or should hold on and wait for things to get better?. >> the problem for waiting to see things get better we don't see anything between now and the end of the year to cause it to get better. with could see some new products hit and exceed our demand forecations, and if that happens, we put that a lower probability we would expect the stock to be range-bound at best. our advice if you can't weather through the end of the year you probably want to stay on the sidelines. >> wow! so i guess the answer to the other question, if i bought below $400, i should get out now and count my blessings, right? >> basically. we've been writing about this for the last few months and taking a lot of heat from a lot of media and other sectors and the reality is that it is always difficult. we were one of the biggest bulls for ten years on apple. david
apple stockholders. there are two groups of apple stockholders. those that bought above $400, which it closed at at that. and those that bought below. if i bought apple at above $400, should i sell now and cut my losses or should hold on and wait for things to get better?. >> the problem for waiting to see things get better we don't see anything between now and the end of the year to cause it to get better. with could see some new products hit and exceed our demand forecations, and if...
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>> well, we all love apple products. the customer that you interviewed, sounds like my house at home. we have macs and ipads and the products are very intuitive. they have a great software eco system, we have come to expect innovation from apple and i think we will continue to see it in the future. you know, just because they have gone through a bit of a lull here let's not throw the baby out with the bath water. it's easy to forget that apple has generated tremendous profits and has over $130 billion on their balance sheets right now. >> it seems that their innovation has been more incremental. what do you think is their next big thing? >> hard to say. i think they will continue to innovate around the iphone and ipad products. i think we will see thinner ipads can and larger screen iphones and new things like fingerprint sensor. we have heard of them working on apple tvs and watches. i think people would use the watches while they are jogging or being at the gym. and there's a lot of people that would buy the apple tv t
>> well, we all love apple products. the customer that you interviewed, sounds like my house at home. we have macs and ipads and the products are very intuitive. they have a great software eco system, we have come to expect innovation from apple and i think we will continue to see it in the future. you know, just because they have gone through a bit of a lull here let's not throw the baby out with the bath water. it's easy to forget that apple has generated tremendous profits and has over...
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Apr 17, 2013
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intel, apple, yahoo!. we're not going to forget about gold, that's going to be down a little today as well and oil down again and art laffer is staying with us. we'll be back in a moment. the opening bell coming up. are you still sleeping? just wanted to check and make sure that we we on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. trust your instincts to make the call. to treat my low testosterone, my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may become pregnant and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these symptoms to your doctor. tell your doctor about all medical
intel, apple, yahoo!. we're not going to forget about gold, that's going to be down a little today as well and oil down again and art laffer is staying with us. we'll be back in a moment. the opening bell coming up. are you still sleeping? just wanted to check and make sure that we we on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. trust your instincts to make the call. to treat my low testosterone, my...
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Apr 17, 2013
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if you like apple, live in apple's world, apple centric it has great interface. it is about 100. good for the people with a decent number of services. gerri: itune, hulu, netflix, what about roku 3. people are talking about this. >> we always like roku, probably the most content you can get. all kinds of things, amazon, netflix, hulu. it has faster process every. and interface a lot easier to use. it comes with a remote control with cool feature. it has head phone jack built into it and has headphones if someone next to you is reading a book. gerri: i like that. there is roku stick. tell us about that. >> this is more of a niche product. it looks like a flash drive that plugs into the back of certain kind of hdmi input called mhl. so you need an mhl enabled tv. gerri: i feel v.mart. >> it gives you a lot of what row cue does but very small form factor. gerri: that is real cool. boxy cloud dvr? never heard of it. >> they renamed the device. two cool things about this. it allows you to get free over the air content. and some cable content. it comes with a antenna for cord cutters t
if you like apple, live in apple's world, apple centric it has great interface. it is about 100. good for the people with a decent number of services. gerri: itune, hulu, netflix, what about roku 3. people are talking about this. >> we always like roku, probably the most content you can get. all kinds of things, amazon, netflix, hulu. it has faster process every. and interface a lot easier to use. it comes with a remote control with cool feature. it has head phone jack built into it and...
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Apr 17, 2013
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in particular, shares of apple, watching apple today as shares sink more than 5%, briefly breaking the $400 a share level. they have not traded below the level since december of 2011. the company is one of the top losers, in fact, on the nasdaq after taiwan biased newspapers said suppliers are bracing for a 20-30% slow down in shipments in the coming quarter for the smaller ipad minis. stocks tumbling on concerns of corporate earnings and fear, the dow off 160 points, 14597. below 14096. melissa: first, how metals are trading, just talked about the break down in gold and how it's driving oil. it continues, down another half percentage point. silver and copper trading lower as well. copper hammered down 3.5%. we'll be right back. ♪ everybody has different investment objectives, ideas, goals, appetite for risk. you can't say 'one size fits all'. it doesn't. that's crazy. we're aishares core.fferent. etf building blocks for your personalized portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a pros
in particular, shares of apple, watching apple today as shares sink more than 5%, briefly breaking the $400 a share level. they have not traded below the level since december of 2011. the company is one of the top losers, in fact, on the nasdaq after taiwan biased newspapers said suppliers are bracing for a 20-30% slow down in shipments in the coming quarter for the smaller ipad minis. stocks tumbling on concerns of corporate earnings and fear, the dow off 160 points, 14597. below 14096....
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talk apple with me for a couple seconds here. the people who are buying apple at these levels are basing it on dividend or new product. which of those or all of the above? >> all of the above. i think you have to ask yourself has the weak june quarter been factored in? you look at estimates. there's about 46 estimates for apple. ten have been dropped for the june quarter. there's probably still more work that needs to be done to reflect what will accurately happen. >> sew haven't seen the whites of the eyes of the bulls at this point. you need to see sort of that fear just come out there and be exposed by wall street before we can get around apple here. >> you know, look. the march quarter, they did preannounce. that's not likely to be a disaster. and we know june is likely to have weakness. the data points are coming out pointing to that. you are not likely to get much new product in that time frame. but you do have more product coming in the back half of the year. >> but there were margin products and they might have to do prom
talk apple with me for a couple seconds here. the people who are buying apple at these levels are basing it on dividend or new product. which of those or all of the above? >> all of the above. i think you have to ask yourself has the weak june quarter been factored in? you look at estimates. there's about 46 estimates for apple. ten have been dropped for the june quarter. there's probably still more work that needs to be done to reflect what will accurately happen. >> sew haven't...
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the apple guy in front is telling me these apples are fresher than the apple quarter. >> the consensus numbers need to come down. i once joked that the new products out of apple are terrible and @jimcramer. people think i'm serious. i think apple is a good company, it's just not going to have a good quarter. okay? okay? shoot me! my fault! >> how about barclays about lulu. >> here's what i'm hearing about lulu. i am hearing that the recall actually generated a level of love for lulu, that the customers, instead of avoiding lulu because of the sheer problem no. they're going to lulu and barclays agrees. this stock has been -- look, this is where they recalled the stuff, carl. right here is where the pants didn't work. this is the pants recall! and it turns out they're pantsing the bears. the bears are pantsed. >> that's a good call. fairway hoping investors will go on a shopping spree today. if you don't know this chain, it's a grocery chain going public and largely centered in new york. get ready for day three in what has been a wild week for the markets. the opening bell in just four
the apple guy in front is telling me these apples are fresher than the apple quarter. >> the consensus numbers need to come down. i once joked that the new products out of apple are terrible and @jimcramer. people think i'm serious. i think apple is a good company, it's just not going to have a good quarter. okay? okay? shoot me! my fault! >> how about barclays about lulu. >> here's what i'm hearing about lulu. i am hearing that the recall actually generated a level of love...
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>> a lot of traders have been watching apple closely. we'll watch it tomorrow real closely, see where it bounces, if, in fact, it does bounce, but apple leads the nasdaq all the time. >> alan valdez, thank you for joining us,s
>> a lot of traders have been watching apple closely. we'll watch it tomorrow real closely, see where it bounces, if, in fact, it does bounce, but apple leads the nasdaq all the time. >> alan valdez, thank you for joining us,s
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the book about international apples in the very heart of moscow. and it i. live. it appears the cozy oracle is far from having one over to go via i today me the first the employees are gone colombia are out in the street they're demanding wage increases. small scale miners and local inhabitants are demonstrating alongside them. amidst the crowd one man personifies the revolt of the entire town and you know you know there. was nothing there. don't you know rule is president of the go be a mine workers union today he's the multinationals leading adversary he can test the company's right to operate this a go be a mines which up until two thousand and ten belong to different you know company he speaks of theft when i just let me know that i'm giving the mines of the front you know gold mines company to a multinational they have violated all rights to the money stolen patrimony that belong soley to the workers to the retired workers and to all the people of sago all of the out. a speech that he repeats cecily in front of the microphones and film cameras. i see is that
the book about international apples in the very heart of moscow. and it i. live. it appears the cozy oracle is far from having one over to go via i today me the first the employees are gone colombia are out in the street they're demanding wage increases. small scale miners and local inhabitants are demonstrating alongside them. amidst the crowd one man personifies the revolt of the entire town and you know you know there. was nothing there. don't you know rule is president of the go be a mine...
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>> apple. >> because it's an ipad. >> exactly. ipads there and other companies, google nexus is a big one. samsung has some coming down the line here. we'll diversify away from the ipad but intel is underrepresented there. >> what about these new half tablet, half pc things that are half clam shell but you can pull them apart. does intel have a chance to lead there? >> there are a number of factors. the one you're referring to is a convertible. they are really focused more on ultrabooks and sliders where you can actually slide the top display and flip it over and it turns into a tablet. >> they are expensive and haeav, right? >> some ultrabooks will be priced at 499 this year. that's a new low price point for them. >> the stuff with intel in that their bragging rights have to do with manufacturing process and how well they're doing there. is that a reason to buy the stock? when gross margins go up, i heard that you buy stock when margins are rising and sell it when they're going back down. are either one of those factors enough to offset what's happening in pcs? >> a sticking point wi
>> apple. >> because it's an ipad. >> exactly. ipads there and other companies, google nexus is a big one. samsung has some coming down the line here. we'll diversify away from the ipad but intel is underrepresented there. >> what about these new half tablet, half pc things that are half clam shell but you can pull them apart. does intel have a chance to lead there? >> there are a number of factors. the one you're referring to is a convertible. they are really...
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in the apple version the pop ups are confined to the apps itself. >>> the news was mixed today if yahoo. add revenue dropped 11% from the same quarter last year. but earnings rose 36% which was better than analysts expected. marisa myers says the company is on the right track. but u.s. sales fell 11% in extended training. >>> the line up for today's festival was announced today and it includes a huge headliner. yeah, paul mccartney is going to headline along with the red hot chili peppers and nine inch nails. you can go to our website ktvu.com for the full line up and more details just look under today's hot topics. >>> we're following developing news right now, a highway collision has left a pedestrian dead. what we learned after the break. >>> phil martin tracking some changes in our weather. at 10:45 he's back with the trends you're going to notice for the rest of the week. ♪ ♪ [ engine revs ] [ female announcer ] small... [ engine revs ] wicked... ♪ and now... ♪ topless. ♪ the fiat 500 abarth cabrio. ♪ >>> in wall nothing -- in walnut creek and across the nation flags ar
in the apple version the pop ups are confined to the apps itself. >>> the news was mixed today if yahoo. add revenue dropped 11% from the same quarter last year. but earnings rose 36% which was better than analysts expected. marisa myers says the company is on the right track. but u.s. sales fell 11% in extended training. >>> the line up for today's festival was announced today and it includes a huge headliner. yeah, paul mccartney is going to headline along with the red hot...
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in the apple version the pop ups are confined to the apps itself. >>> the news was mixed today if yahoo. add revenue dropped 11% from the same quarter last year. but earnings rose 36% which was better than analysts expected. marisa myers says the company is on the right track. but u.s. sales fell 11% in extended training. >>> the line up for today's festival was announced today and it includes a huge headliner. yeah, paul mccartney is going to headline along with the red hot chili peppers and nine inch nails. you can go to our website ktvu.com for the full line up and more details just look under today's hot topics. >>> we're following developing news right now, a highway collision has left a pedestrian dead. what we learned after the break. >>> phil martin tracking some changes in our weather. at 10:45 he's back with the trends you're going to notice for the rest of the week. >>> a show of force in san francisco today. the changes city leaders are considering as san francisco prepares for a big public event. >>> in wall nothing -- in walnut creek and across the nation flags are flying
in the apple version the pop ups are confined to the apps itself. >>> the news was mixed today if yahoo. add revenue dropped 11% from the same quarter last year. but earnings rose 36% which was better than analysts expected. marisa myers says the company is on the right track. but u.s. sales fell 11% in extended training. >>> the line up for today's festival was announced today and it includes a huge headliner. yeah, paul mccartney is going to headline along with the red hot...
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down, amid new signs of economic weakness in europe and lackluster reports from bank of america and apple. the dow jones industrial average lost 138 points to close at 14,618. the nasdaq fell nearly 60 points to close at 3,204. those are some of the day's major stories. now, back to jeff. >> brown: in boston today, confusion erupted over conflicting accounts that there'd been a major break in the investigation of the boston marathon bombings. early this afternoon crowds gathered outside the federal courthouse in south boston, amid reports that a suspect had been identified by security camera videothen arrested and even taken to court. but the f.b.i. shot down claims that anyone was in custody, and it issued a statement that said, in part: the bureau also put off an afternoon briefing, citing a bomb scare that forced everybody out of the courthouse. earlier, the f.b.i. released photos of remnants of the bombs made out of pressure cookers and the black nylon bags that concealed them. one of the pressure cooker lids was catapulted to a nearby rooftop. and investigators kept sifting the crime
down, amid new signs of economic weakness in europe and lackluster reports from bank of america and apple. the dow jones industrial average lost 138 points to close at 14,618. the nasdaq fell nearly 60 points to close at 3,204. those are some of the day's major stories. now, back to jeff. >> brown: in boston today, confusion erupted over conflicting accounts that there'd been a major break in the investigation of the boston marathon bombings. early this afternoon crowds gathered outside...
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me, i think netflix is a household name and should be scooped up by microsoft or apple. probably won't happen. too aggressive. but in the interim, the stock is fine. jeff in california. jeff. >> caller: hi, cramer. how are you doing today? i was curious about the real estate market, why it's going up and down so much. if it would be a good time to buy home depot, and if i was to buy home depot, what price should i be looking at to purchase the stock? >> frank is a miracle man, the company doing great. but charitable trust scaled back home depot. told the people who described to actionalertsplus.com we were booking a little profit here. can't tell you to take the stock we're selling. >> it takes two, baby. coca-cola and j & j were the dynamic duo that took this market up. "mad money" will be right back. >>> coming up, blight or bright? gold hasn't been glittering lately, as a deep slide has brought about its worst drop since 1980. but has all the selling created an opportunity? cramer shines a light on the subject in tonight's edition of "off the charts." and later, i.p.,
me, i think netflix is a household name and should be scooped up by microsoft or apple. probably won't happen. too aggressive. but in the interim, the stock is fine. jeff in california. jeff. >> caller: hi, cramer. how are you doing today? i was curious about the real estate market, why it's going up and down so much. if it would be a good time to buy home depot, and if i was to buy home depot, what price should i be looking at to purchase the stock? >> frank is a miracle man, the...
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like, "the nerdist" -- i was -- the other day, i was looking at this bbc america thing on, like, apple tv or something like that. just check out what shows are on bbc america. i like the new show, "at home." you ever seen that thing? [ cheers ] it's so good. >> steve: it's so good. >> jimmy: it's -- honestly, it's so good. and so, i was looking for some other british thing, and it just makes me feel smart. and i'm going through it. [ light laughter ] and i see "the nerdist" and chris hardwick. >> steve: on bbc? >> jimmy: and i go -- yeah, bbc. and i go, "that's great 'cause he's so from america." >> steve: yeah! [ laughter ] >> jimmy: and we've known him for 20 years. he should be on bbc america. it's good representing. but he's just kicking butt. i love the guy. i'm so happy for him. also -- oh, my gosh, we have great music. speaking of joining itunes, i'd check these guys out. little green cars on tonight! [ cheers and applause ] new record out on itunes! they're just -- [ applause ] are they from england? >> steve: yeah, i think so. >> jimmy: are they from england? >> audience membe
like, "the nerdist" -- i was -- the other day, i was looking at this bbc america thing on, like, apple tv or something like that. just check out what shows are on bbc america. i like the new show, "at home." you ever seen that thing? [ cheers ] it's so good. >> steve: it's so good. >> jimmy: it's -- honestly, it's so good. and so, i was looking for some other british thing, and it just makes me feel smart. and i'm going through it. [ light laughter ] and i see...
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apple having a rough go in the early going. its shares are down 2.25%. speculation i have had many sales in the current quarter may fall off until the next product refresh. back to you guys. >> thank you, jason brooks. >>> million-dollar video ads are coming to your facebook page this summer. the menlo park company hasn't released much details. the company execs who heard the pitch from facebook says the ads will be costly. the ads will be no longer than 15 seconds long and users will not encounter them more than 3 times a day. at first the ads will appear on facebook's desktop version. >> could be annoying. three times a day. >>> time now for a look at what's coming up a little later on "cbs this morning." >> gayle king joins us now live in new york with more on the big show. good morning. >> reporter: good morning, frank and elizabeth. frank, did you just say something about menlo park? >> i did. isn't that your hometown? >> i was going to say i went to menlo atherton high school, mighty bears, class of 1972. >> bay area girl, as well. >> love the bay
apple having a rough go in the early going. its shares are down 2.25%. speculation i have had many sales in the current quarter may fall off until the next product refresh. back to you guys. >> thank you, jason brooks. >>> million-dollar video ads are coming to your facebook page this summer. the menlo park company hasn't released much details. the company execs who heard the pitch from facebook says the ads will be costly. the ads will be no longer than 15 seconds long and users...
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apples are a little bit, they're sort of empty calories. >> how about beets? >> if you like beets it gets color to the juice. i find that very sugary. >> that's the point. >> or you can add sugar. >> no, no, no, no. no, no, no. see how pretty this looks and chard has wonderful nutrients as a spinach. couldn't find any spinach growing in the garden centers yesterday. >> these are feisty. >> the roots are well developed. that's what you look for. >> my roots are well developed as well because i'm having the same issue. >> that looks good. >> thank you. >> those are going to grow so the peppers are going to get big and the tomato much larger than that. you'll probably have to stake it. >> a tea garden, salsa garden and healthy juices. >> the fourth is a salad garden. this is just salad. they call this snip garden. that will give you salad for two people for quite a long time if you just keep snipping. >> martha, always good information. nice to see you. >> we're back in a few moments and show you how to turn trash into cash. first this is "today" on nbc. is it wr
apples are a little bit, they're sort of empty calories. >> how about beets? >> if you like beets it gets color to the juice. i find that very sugary. >> that's the point. >> or you can add sugar. >> no, no, no, no. no, no, no. see how pretty this looks and chard has wonderful nutrients as a spinach. couldn't find any spinach growing in the garden centers yesterday. >> these are feisty. >> the roots are well developed. that's what you look for. >>...